Heat Exchanger Services (wales) Limited

Heat Exchanger Services (wales) Limited, based in Cowbridge, UK, is a small, active company established 29 years ago. With 10 employees and £405,680 in assets, it operates from a real address and is managed by two directors and one owner, holding a stellar 5.0 Google rating from three reviews. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with the last import activity recorded one month ago in September 2022.

The company’s website reveals a focus on engineering services, specifically the manufacture of other fabricated metal products. While a full e-commerce presence isn't evident, the site highlights expertise in heat exchanger maintenance and repair, as well as the supply of associated parts. It's clear that Heat Exchanger Services (wales) Limited caters to industrial clients, emphasizing quality workmanship and technical knowledge.

Financially, the company shows a mixed picture. Cash and bank holdings increased slightly by 3.6% to £230,000, while current assets also grew by 3.6% to £410,000. However, creditors increased by 13% to £110,000, and net assets only grew by 9.6% to £330,000. A notable decline occurred in the number of employees, decreasing by 10% to 9. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) allows for flexibility, but the increase in creditors suggests a need for careful cash flow management. The accounts are unaudited, as is common for small companies.

Overall, Heat Exchanger Services (wales) Limited appears to be a stable, if somewhat lean, operation. Its focus on specialized engineering services and its strong Google rating indicate a loyal customer base, but the increasing debt levels warrant close attention.

Registered in England/Wales under the registration number 03188428, with a registered address at CF71 7PF, Wales, Cowbridge, Unit 54 Vale Business Park, Llandow.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.